finance

RRR cut seen to boost construction of new hotels

The additional loanable funds that will be injected to the local economy following the easing…

Liberalization of ‘repo’ market pushed

Financial regulators are working to expand the market for repurchase agreement (repo) using government securities…

PH financial system’s resources grew 9% in Aug to P32.14T

Total resources of the Philippine financial system grew in August to stay above the P32-trillion…

Boeing to cut 17,000 jobs, delay first 777X delivery as strike hits finances

Boeing will cut 17,000 jobs, delay first deliveries of its 777X jet by a year…

ADB prepares $500-M policy loan to boost PH fiscal modernization

The Asian Development Bank (ADB) is set to approve a $500-million loan for the Philippine…

BDO’s rural unit lays out P195M on network expansion

The rural banking unit of Sy family-led BDO Unibank Inc. is investing P195 million to…

Gov’t borrowings in August up 40%

 Gross borrowings of the Marcos administration went up in August as the government sourced more…

UBX gets new Japanese investor

The open finance arm of Union Bank of the Philippines has gained a foreign investor…

DOF eager to enforce new measure vs agri crimes

The Department of Finance (DOF) is ready and eager to enforce a new measure aimed…

BIZ BUZZ: BDO gets the bag, too

The year is again looking rosy for the country’s biggest bank, and we still have…